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> It is generally considered far more likely for the price of oil to go dramatically up, not down When everybody agrees, someone is not thinking. So it was in
by mseebach 10y ago
> It is generally considered far more likely for the price of oil to go dramatically up, not down
When everybody agrees, someone is not thinking. So it was in 2014. And with houses in 2008. And .com stock in 1999.
There are any number of low-but-not-zero-probability events that can cause the price of oil to start rising very quickly. Including the collapse of the House of Saud.